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Nutka1998 [239]
3 years ago
5

During August, Skyler Company worked on three jobs. Data relating to these three jobs follow: Overhead is assigned on the basis

of direct labor hours at a rate of $2.30 per direct labor hour. During August, Jobs 39 and 40 were completed and transferred to Finished Goods Inventory. Job 40 was sold by the end of the month. Job 41 was the only unfinished job at the end of the month.
1. Calculate the per-unit cost of Jobs 39 and 40. (Round unit costs to nearest cent.)
2. Compute the ending balance in the work-in-process inventory account.
3. Prepare the journal entries reflecting the completion of Jobs 39 and 40 and the sale of Job 40. The selling price is 140 percent of cost.

Business
1 answer:
Veronika [31]3 years ago
3 0

Answer:

attached beloev

Explanation:

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Which number is equivalent to(2.3×107)×(1.1×103)?
mylen [45]

Answer:

Explanation:

Where are the numbers?

3 0
3 years ago
A new security system has a price-tag of $7,500, but should save your company $3,275 each year for the next 10 years in reduced
goldenfox [79]

The IRR of the security system is 42.40.

An example of security is while you are at domestic with the doorways locked and also you feel secure. An employer or department whose venture is safety or safety, esp. A non-public police pressure is employed to patrol or protect a construction, park, or another vicinity. if you see an interloper, name safety.

Securities are fungible and tradable monetary gadgets used to elevate capital in public and personal markets. There are typically three kinds of securities: fairness—which presents possession rights to holders; debt—basically loans repaid with periodic payments; and hybrids—which combine elements of debt and fairness.

Security trouble is any unmitigated risk or vulnerability in your device that hackers can use to do damage to structures or statistics. This includes vulnerabilities inside the servers and software connecting your business to customers, as well as your enterprise strategies and those.

Using TVM Calculation,

Present Value of savings = [FV = 0, PMT = 3,375, N = 10 , I = 7,500]

PV = 3375

PI = 33750/7,500

PI = 4.50

Time Cashflows

0        -$7,500.00

1         $3,275.00

2         $3,275.00

3         $3,275.00

4         $3,275.00

5         $3,275.00

6         $3,275.00

7         $3,275.00

8         $3,275.00

9        $3,275.00

10        $3,275.00

IRR        42.39%

Learn more about security here brainly.com/question/7449721

#SPJ4

8 0
1 year ago
Christiansen and Sons' flexible budget for 10,000 units of production includes $50,000 for direct materials, $44,000 for direct
kenny6666 [7]

Answer:

Direct materials of $60,000, direct labor of $52,800, utilities of $6,000, and supervisor salaries of $15,000.

Explanation:

For 10,000 units:

Direct materials (DM) = $50,000

Direct labor (DL) = $44,000

Utilities (U) = $5,000

Supervisor salaries (S) = $15,000.

For 12,000 units:

Direct materials (DM):

DM=\$50,000*\frac{12,000}{10,000}\\DM = \$60,000

Direct labor (DL):

DL=\$44,000*\frac{12,000}{10,000}\\DL = \$52,800

Utilities (U) = $5,000

U=\$5,000*\frac{12,000}{10,000}\\U = \$6,000

Supervisor salaries (S) = $15,000.

Salaries don't rely on production volume and, thus, should stay the same.

5 0
3 years ago
Merando Industries employs a 5-day workweek and a September 30 year-end. Normal weekly wages amount to $41760. If September 30 e
kati45 [8]

Answer:

Debit: Salaries and wages expense $25,056

Credit: Salaries and wages payable $25,056

<em>(To recognize the salaries and wages payable at year-end)</em>

Explanation:

Merando Industries employs a 5-day workweek - this means $41,760 normal weekly wages can be divided by 5 to arrive at the daily workweek wages, which is $41,760 / 5 = $8,352.

If the fiscal year-end is a Wednesday, the company has to recognize a salaries and wages payable of $25,056 due to the following:

  • the workweek remains 2 weekdays to complete
  • the company pays at the completion of the 5-day workweek
  • there is no need to recognize the remaining 2 days next year as salaries and wages payable since the employer may not have control over the employees - they may decide the exit the company

So, the amount to be recognized will be $8,352 x 3 = $25,056.

4 0
3 years ago
All the following statements concerning term insurance are correct EXCEPT: Group of answer choices Most policies can be renewed
Andru [333]

Answer: Most policies have a nonforfeiture benefit to refund a portion of a policy's cash value when coverage stops.

Explanation:

Term insurance is a type of life insurance policy whereby the policy owner will be given coverage for a particular time period.

It should be noted that term insurance can be renewed for additional periods without evidence of insurability and can also be converted to a permanent life insurance policy.

The option that most policies have a nonforfeiture benefit to refund a portion of a policy's cash value when coverage stops is not true.

8 0
3 years ago
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